102 ordspråk av Ken Perkins

Ken Perkins

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Part of the story is that retailers did have very easy comparisons from a year ago. But I'm still very impressed with the strong sales trends.

We are going to see the effect of higher energy prices trickle up to the middle-income consumers.

The American consumer has been particularly resilient over the last year plus, ... They're finding ways to spend.

They're going to have to watch the bottom line and the margins very closely, ... This holiday season, retailers are going to be fighting for customers and fewer discretionary dollars.

We've finally got a great February. The first set of numbers indicates that this was a blowout month with the kind of sales gains that we haven't seen in a while.

The impressive part is that it's not just the luxury names posting strong numbers. The big numbers are coming in for the department stores and apparel names as well.

That's 2.1 percentage points below the norm that we've seen.

There's a feeling that consumer spending could certainly get a boost as the first Fed rate cuts will have been in place for 8-9 months. And people will start receiving their checks from the tax rebate. Things are looking up for the retailers. I think the comparisons are looking better too.

We don't have an opinion or more importantly a vote one way or another. We're not thrilled with it ... but it's essentially up to the analysts.

This is setting a foundation for earnings to rebound. There might be some positive news in the second quarter.

It's conceivable that could happen.

I don't think it would have too much impact [on the rest of the year] even if we ended up with a decline. The second quarter is essentially in the book.

The market is in terrible shape and the prospects for growth are not good,

It's a reversal of a trend.

There's a deep concern that if this thing goes on, a lot of Christmas merchandise hitting the docks can't be transferred.

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